How the blockchain will radically transform the economy | Bettina Warburg

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Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value.
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[@gerarddeclerck3939]

"As humans we find ways to lower uncertainty about one another so that we can exchange value" what a profound and encouraging statement!

[@documax123]

I agree. I was struck by that as she said it.

[@edonave]

Could you please explain this concept to me?

[@tenniswithric]

@@edonave for example I sell apples and you sell bananas and we both agreed that 1 apple = 0.34 banana. There's no way I'm getting 0.34 banana from you. This was why money was created in the first place as a medium of exchange.

[@edonave]

@@tenniswithric woah! Very interesting, thank you so much!

[@alexispapageorgiou72]

Under the title of radically transforming the economy using something no one ever heard about.

[@aslerdogan7864]

I am really wondering how can she talk without saying even once emmm ümmmm. Does she really memorize all her saying ? Its incredible !

[@The1Thatgotaway412]

headsets have earpieces someone is giving talking points almost like when they use TelePrompter!!! nothing special I've done it often. 🤣 Sincerely THE UNAPOLOGETIC $PORT COAT!

[@endryl08]

just dont say it, do it inside ur mind... u can practice it

[@Auxemplary]

Lol 14:06 there’s one umm

[@mohammedaljanabi91]

🤣🤣🤣🤣i had same your thought

[@davishgujadhur4306]

Very true...she knows her subject and she indeed was very well prepared. She was very good.

[@janewallace5974]

Great video, I am new to the investments online, I frankly do not know much about investing online. I have been looking to learn more about online investing, but it has not been easy for me. I want to invest as soon as possible. How can I begin?

[@aliciawill8617]

Have you considered getting the help of a financial adviser or a good portfolio manager? You should, It is the best way to start.

[@sandrawilson3262]

It is good to begin stock trading, but always have this at the front of your mind, one of the reasons why many fail on their investments or trading is because they try it without proper guidance and money management. I will advice you get advice from an experienced stock broker.

[@sandrawilson3262]

It is good to begin stock trading, but always have this at the front of your mind, one of the reasons why many fail on their investments or trading is because they try it without proper guidance and money management. I will advice you get advice from an experienced stock broker.

[@wallaceeric9921]

Investing in crypto now is really cool especially with the current rise in the market. Where do i start from?

[@aliciawill8617]

I totally agree with Sandra, you need a financial guide to put you through all what you need to know and also to tell you when or where to invest your money. Some persons will just jump into investing on what they know nothing about. My good advice is get a financial consultant.

[@robertmyers3459]

I never knew cryptocurrency could be so challenging! Kept running back to these KZbin videos to learn more about this your video is indeed helpful. Thanks

[@harrisoncharlton1964]

Growing an account requires dedication and Patience

[@harveydaniels5115]

@@harrisoncharlton1964 .Not everyone has the patience and persistence to grow account. Some may end up blowing up their account.

[@brandonhussain4258]

Cryptocurrency has left me no choice but to keep investing because it makes so much earn for my living.

[@jamiehussain2811]

Hello what is the best way to get started with the trade because I've been making my personal research for a while now.

[@jayfrancis1519]

@@jamiehussain2811 get yourself a credible source or mentor

[@rickseeger4871]

This is the most concise description of blockchain tech I've seen so far, described as a means for "lowering uncertainty about each other so that we can exchange value". Really well communicated. Thank you!

[@rrestoring_faith]

Iii Don't know mate. The description barely even makes sense for what it is. Would make more sense to say 'certainty' not 'uncertainty' tbh. The whole idea is to assume that no one person is trustworthy. Not the other way around. Also has nothing to do with blockchain. Just some cryptos network. Becomes very confusing when words are thrown around half heartedly for marketing. I know this comment is old and all, mainly just sending this for those who come across it like myself.

[@FearlessDreams]

Watching this in 2020 and I feel like we are sooo close to a while new chapter in our history.

[@christopherprinster5815]

Exactly

[@TheDavitt]

Most certainly. Going to be hard for a lot of people but humanity will be better for it.

[@btdoe3259]

Taking down the criminal banking system.

[@modernsage8132]

humans have never been so fast, the only worry is to be on the right direction

[@MissesRobot]

You have no idea how right you were.

[@guillecobo_]

what I really like about her is that she talks so passionately about block chains. That kind of speakers make me develop interest on things

[@bitcoinbobsays2271]

Thank you, Bettina. Very well explained to this newbie. Just started using AI for trading in this space. I'm excited!

[@cilvet1]

Guys, don't let her beauty distract you from the topic, this is serious business. Our whole fate as a society will be based on how we deal with these systems, and take for granted that people who are developing this right now are probably not doing it out of kindness but financial interest.

[@NatureHacker]

Blockchain will be the code of the biblical Beast. Coming soon.

[@Farsmezan]

cilveti .. she is not beautiful, she looks like an old witch.

[@Nashy119]

Don't worry, it's just PhD students, academics and hobbyists. The academics are selfishly motivated 'must publish papers' but harmless. Companies going for financial gain become middle men services, at the start some exploited it, but right now all that remains are struggling startups on the verge of failing. The more popular a blockchain, the more it grows, and they become freaking huge, so that's the first problem to deal with.

[@shushanto]

Fars mezan ok she's not "beautiful".....but "old witch"? That's going a little far isn't it? Have you seen the vast majority of white women (North and West European origin)? They generally look like old witches by the time they hit 35. Just look at Hollywood. I think this lady is doing quite well relatively. It's not like she's a professional model or actress.

[@Matlockization]

If these have the potential to form a bubble then that's bad. Besides who's going to regulate this, the illuminati, globalists or George Soros ?

[@umarazeez3438]

Making money is the plan and with Bitcoin your plans can accomplished.

[@khayonemphonbokamoso6643]

I've been into it for some time now, but not really seeing much benefit in it.

[@cindybenson2953]

Do people still earn money in Bitcoin?

[@terigiovanni826]

@@cindybenson2953 Yes of course I'm even on a weekly payroll investing little amounts and earning huge returns.

[@rodriguezmanuel4770]

I had the opportunity to invest 2 years ago but was discouraged by relatives, and now I see many of my friends who have made lots of money in it.

[@taminanoah7464]

Please I'll need help on how to trade

[@menjigaming]

That's the best explanation of blockchain I ever hear. that's actually give me a huge understanding of his differently application in the real word. thank you so much

[@dwachira]

I loved it! This presentation has made me even more curious. I see blockchains as the future we cannot ignore. It can be very effective once accepted and adopted.

[@omeganoobz]

Nope, too much energy required for that. Didn't you know ? There's an energy supply crunch coming. Forget about those gadgets. I'm here for da pretty lady.

[@masimedia8505]

Your daddy Biden just signed a executive bill.

[@imrannazir6931]

It does sound interesting and powerful and should help increase trust between individuals. It would be nice to also see a presentation of the potential abuses of the blockchain by governments and financial institutions too.

[@jakc103]

what happens when you are too trusting. You know google, facebook, and all other social media have been collecting information about you. So all you likes, dislikes are known to them and they build a profile on you. Now that is scary having absolutely no privacy at all. But choosing what you share sounds a lot better and not have it known to the whole world.

[@imrannazir6931]

+Jacky103 I hear you but in it's pre-90s days even the internet was seen as a government free neutral place and slowly it was turned into a tool for monitoring us. Even Tor is being undermined with research paid by governments such as Russia into hacking it. IMHO this system won't be foolproof either.

[@yuricastellobranco]

Imran Nazir It can be used by governemet....

[@TM-ei9dj]

People trust the pound, the dollar and already established currencies in general. How exactly does this promise to reduce uncertainty?

[@Zeuts85]

"potential abuses of the blockchain by governments and financial institutions too" That's just it though--it can't really be abused--or at least, the effort/investment to do so would be greater than the payoff and therefore it _wouldn't_ be abused. When everything is decentralized it means that there is no single point of failure to subvert. Though, I guess this depends a little bit on what you mean by "abuses." I assume you mean something like fraudulent or deceitful transactions?

[@WoodApe100]

I'm learning a lot from the comments on this video. It is really cool to listen to what people think about bitcoin and money in general

[@carlospederasa153]

yes it is

[@carlospederasa153]

i think Wp spingerinvestment on google is the best bitcoin investment platform when it comes to interest and profit.

[@marketmark6665]

Am really honoured to listen to her,she is inspiring,sharp coupled with simplicity, being able to merge the past and the present ways of doing business/transacting on blockchain.THANK YOU

[@sadiaskin1411]

This presentation has made me learn some new topics.

[@anotherelvis]

The term blockchain is defined at 3:27 At 6:14 she gives a real world example.

[@excusesbegone]

Another Elvis thx for that time mark

[@nycedyme4]

W

[@fidlaf1]

Elon Musk, has gone public with his belief that cryptocurrency offers an improved alternative to conventional money. Go to minute 25:35 Elon start talking about Crypto. He said. “It [cryptocurrency] bypasses currency controls. … Paper money is going away. And crypto is a far better way to transfer values than a piece of paper, that’s for sure.” cryptocurrency, in the case of bitcoin for instance, he said he believes its use of a large computing network to secure its ledger is “computationally energy intensive.” He added that, for a company that aims to boost the adoption for sustainable energy, it may not be “a good use of Tesla’s resources to get involved in crypto.” “It’s very energy intensive to create bitcoin at this point,” he said. ark-invest.com/podcast-download/59865/elon-musk-podcast.mp3?ref=download

[@hexbull1557]

@@fidlaf1 twitter.com/elonmusk/status/1123033196642201600?s=19

[@crystalmarshall574]

(Annabelle Templar) On F,B

[@obasaar68]

I think it is a marvellous idea! I wonder what impact "quantum computing " and/or " general purpose machine learning " will have on blockchain in the future?

[@shamsulhaq252]

A very well rehearsed talk. Awesome!

[@nwankwogodsaves4471]

Hello I'm new in forex and I have been making huge loses but recently i see a lot of people earning from it, please can someone please tell me what is going wrong and recommend me to his or her manager

[@edizemre4694]

I have tested Mrs Amelia Smith and for sure her strategy top of the trading, so what are you still waiting for?

[@colinloris5820]

I have learned a lot about Mrs Amelia Smith and her signal have been extremely benefits to me

[@burkemorris2116]

This woman has really change the life of many people from different countries and I'm a testimony of her trading platform

[@charleslarry9187]

Sometimes I wonder if she uses magical power to trade. Be never heard or seen any of her clients complain of lost... I think she's just to perfect

[@wangxiuying2314]

I think I'm interested and willing to invest heavily in it. Please how can I get in touch with Mrs Amelia Smith

[@alexryadchik6509]

very inspiring presentation ! Thank you Bettina !

[@Tova-Barin]

if you don't mind, what do you find inspiring about it?

[@cryptokiddie2910]

I normally avoid TED talks, but I love blockchain technology so I gave this video a go. I wasn't disappointed. Like the points about how our societies got more complex and world trade grew. Right now we are at a stage where the world is a very small place. Movement is easier for people and ideas. Institutions can try (or just sabre rattle) to regulate and stop blockchain developments. I fear they are scared and not sure of what blockchain can achieve. If there is more regulation, sure privacy coins will become more widely adopted and demanded. DeepOnion in particular believes in decentralisation and total anonymity for transactions. Additionally Lightening technology will be a game changer in this industry.

[@MinstrelBoye]

The world is only a very small place for some people. Sometimes the few feet to the border is a very long way.

[@theoswinkels5499]

May I ask why you avoid Ted talks. I end up lots of times YouTubing at Ted. Not only because of Algorithms.

[@marcoarcier84]

Hey man u talked about privacy coins...well give a look at this crypto...Apollocurrency.com ..it has better features than Monero ..it is gonna go to the moon 😱😉

[@ryanrobinson5117]

It's clear she is talking about Ripple XRP!

[@davidaboagye4242]

Being a non tech person, have to say, probably the best explanation of block chain that I've heard to date. I mean i actually get it and it makes sense. Thanks.

[@josefrancis5896]

Hello I'm new to bitcoin trade and i have been making few loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?

[@marcoenrique6092]

Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

[@alexbrandon9956]

@@marcoenrique6092 That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

[@victorfinlayson8149]

I have been seeing so many recommendations about olivia tracy on Instagram and telegram trending, her strategy must be good for people to talk about her

[@aliciateresa8747]

@@victorfinlayson8149 I did invest with her and I made huge profits

[@lukeanderson4004]

I saw the recommendation but I didn't bother chatting her up I keep loosing teally i still don't understand how the forex market works tho

[@chadmartens154]

x1.25 speed for sound, x0.25 speed for vision

[@MyPicturesRestoredBedford]

x1.5 audio playback is fine imho, easy to listen and understand 😊

[@macombus269]

Wanker

[@tbserrano2]

She's aight.

[@Sound9ine]

🤣

[@evelynthai4776]

Brilliant

[@shadowx089]

I'm not sold yet. There is a vast complexity this is touching on and like most sales pitches its acting like it can do a lot more than it really can. Luckily she said this.

[@arnold17]

shadowx089 are you sold now?

[@cabriniryanvu]

2021. Hope you have not sold yet.

[@aprilsims8309]

In the Bible it talks about crypto money

[@joannebonnett5223]

*GOOD VIDEO; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,*

[@georgeedward6246]

I totally agree with you, the Crypto market is the most profitable venture I ever invest in

[@georgeedward6246]

I reached my goal of $500k yearly trade earnings.Setting realistic goals is an essential part of trading.,

[@melissabrockman6397]

most intelligent words I've heard,

[@melissabrockman6397]

Crypto is the new gold,

[@melissabrockman6397]

I'm a huge fan of crypto, I hold some few coins in my wallet.

[@frederikskotting3285]

I am a bit confused.. So in the case of the smartphone at 10:15, where the money are escrowed in order to ensure that the seller ships the agreed item, how do a blockchain structure avoid that the buyer simply disputes the transaction despite receiving the agreed item? The way i understand this structure, the buyer will then have the opportunistic possibility to receive the agreed item as well as the escrowed money back. Any clarifications are truly appreciated :)

[@jamesman1677]

I appreciate this video This is exactly what I need as motivation.

[@richardsusan6666]

When you invest you're buying a day you don't have to work.

[@charlesmanewell1891]

Assets that can make you rich

[@charlesmanewell1891]

Bitcoin Stocks Real estate

[@thomasfred8499]

You're right sir, it's obvious a lot of people remain poor due to ignorance It's better to take risk and make sacrifices than to remain poor.

[@johnpatricia4627]

It's not ignorance but due to some unprofessional expert in the market.

[@crypto8490]

Good luck with this project! I'm glad that I can add a small part of the benefits to the project!

[@mayakim4943]

Lovely! this lecture let me understand clearly! Thanks!

[@user-wk1hv7zp9e]

Wow, I'm surprised. Very interesting and informative. For three minutes, so much information. Bitcoin is really amazing and as in my opinion a useful thing.

[@mariaritchie9454]

You are such an inspiration. Thank you so much for this excellent presentation. 😘

[@oppressatron7798]

it would have been nice if she addressed the fact that the storage required to house a blockchain grows with each transaction and the implications of instituting that sort of thing for a national or god forbid a global currency

[@plasticman2011]

it is possible to handle these issues with pruning the blockchain to make it take up less space as well as second layer technologies such as the bitcoin lightening network.

[@oppressatron7798]

plasticman2011 under our current binary language medium ,replacing (for example) the US dollar with a bitcoin-like model would cause storage requirements to balloon to hilarious levels, even the mighty google data centers would have trouble housing it unless they shut down some of their other services and concentrated on storing the "master" block chain. This doesn't even address the individual requirement of miners and consumers to permanently house and transmit a portion of the master block. We would have to expand the language of digital storage (and thus storage capacity) in order to effectively house it in a secure and redundant manner Hexadecimal might do the job, but it has to be a native switch and not some sort of compression from binary, IE we need to transition from binary bits to hex bits or alphanumeric bits because you'll always need an uncompressed copy of the blockchain to do work, just my opinion but im a DBA/Storage admin so i know a bit about the low level requirements of something like this

[@plasticman2011]

frank jaeger clearly, you didn't bother to read how the bitcoin lightening network fixes those issues. What it boils down to is this: not every single transaction has to be stored in the bitcoin blockchain, you can use a bitcoin transaction as a means of opening payment channel on a 2nd layer network that handles tens of thousands of transactions without having all that data recorded in the bitcoin blockchain. this means that it is possible to do 10,000x increase in transaction volume without it increasing the size of the blockchain. I urge you to go read the bitcoin lightening network whitepaper.

[@oppressatron7798]

plasticman2011 i have read about it, the lightning network doesnt and cannot address the issue of local storage for those who are responsible for maintaining the integrity of the entire chain, yes its true that individual clients can initiate transactions without too large of an overhead, but that "low overhead" is gauged based on the present bitcoin usage stats, instituting that as a national currency is a completely different thing. Add to this that if you were to use bitcoin as a national currency you would have to base it off of the value of the current currency which would require you to inject historical data about the previous currency into the chain before a single new transaction is made in order to confirm the value of the currency, thats ALOT of data, add redundancy and cross custodian audits and you're into a ridiculous amount of storage

[@NatureHacker]

Bitcoin will die very soon. Already three fourths of the world has been priced out of bitcoin mining and the rest willbe soon enough. Once mining stops bitcoin dies a freezing death.

[@deanh7161]

One of the best blockchain explanations I've heard, in Lehman terms. Beautifully executed presentation 👌

[@chenhaifeng88888]

Thanks. Uncertainty is the source of untrusty. Lower uncertainty is not only make us trust more to other people, but also let ourselves more relieve from anxiety.

[@TheAInfinity]

My gosh she is so pretty.

[@1Tane55]

Smart and beautiful

[@Smood47]

She is god like

[@arupmullick3474]

can't concentrate on the video when you keep staring at her pretty face

[@nidhinchandran2946]

very correct

[@user-nc6rn3rd2h]

I'm so distracted by her gorgeous face and beautiful voice.

[@TheManEthan]

A video worth watching thank god.

[@domsau2]

No, thanks her.

[@zhangfan5955]

OK. I think with all that has been beautifully explained by her. Her last answer to the question given by the host at the end of speech really stands out than anything she said on the entire speech. Very smart way to explain it.

[@jelmestevens2619]

Great explanation of why Blockhain will transform our economy. I hope continues her work for the government, because technological innovation is always something in what the government it's lagging behind. In the future I think the whole law system all over the world must change because of this. Maybe blockchain could solute also this problem and will store all the relevant blockchain laws. Hope she could give another TED talk about this subject. Or if she already had did this, please send me the link haha.

[@tedwilliams3954]

Its a pity that Many people out there who are struggling through intense hardship has ignored bitcoin whereas bitcoin can uplift their financial status .

[@donyellcody2010]

I tried to invest in bitcoin earlier this year but i failed to do so because of the pandemic challenges, can someone give me a suggestion of a broker and how to invest ?

[@malesgakpo6925]

@@donyellcody2010 I’ll recommend you to Expert Benson the CEO of Benson’s trading services, located in Texas. .. they are committed to making profits because they have been trading for over decade now

[@lawrencenicholas8645]

@@donyellcody2010 Trading bitcoin under Forex 💹 had been the most profitable trading so far for in less than an hour I made 0.9btc in a week of trading with Mr Benson I made more than $ 21,000 Worth BTC.

[@malesgakpo6925]

@@lawrencenicholas8645 Benson’s trading services is the best bitcoin trading you can ever think of, He’s an expert in bitcoin and crypto currencies

[@donyellcody2010]

@@malesgakpo6925 I can’t come to Texas right now, I’m having a very busy schedule. Can you give me the contact details

[@jadeanjoun]

Isn't the Warburgs big central bankers in US and Germany? That name was associated with the Fed Reserve.

[@2222222eddy]

Look CumEX Germany. You will know all.

[@Nikolausstadler]

Does anyone know a company trying to carry out the smartphone example in any way? I would really appreciate a response.

[@CyberGenious24]

11:33 best look given by the presenter after the best point expressed and appealed by the audience DONE MISS THAT 11:20 - 11: 40 . very simple explained thanks for simple introduction to blockchain.

[@futuresocieties.]

Wow, The fact she's into blockchain just makes her even more attractive lol.

[@legalfictionnaturalfact3969]

Chuck, your superficial continents are irrelevant here. Sorry.

[@legalfictionnaturalfact3969]

Comments. Phone.

[@jurlangomez3733]

Simp alert

[@HankMcGurk]

You give her Bitcoin, which I will not accept. I will shower her in gold. Necklaces, pendants, bracelets, rings, a diadem. Inlaid with precious stones, gleaming with silver accents. You sit at the computer, growing fat and blind, trading the movements of an intangible Bitcoin, trying to decide value, as if it were so mutable, it requires the whole of your being. I will be at the forge, sweating in the heat, handling the art, finishing the items that inspire and invoke movements from the human soul. My body grows strong, the appreciation I have for beauty increases, for I am a Craftsman. The lady may have fine features, in this world, that is not particularly rare. The beauty that would receive my affections and adornments must have quality far superior than to be merely attractive. It is painful, to watch a woman who could be so much more, reduced to an uninspired propagandist.

[@jaredluo]

@@HankMcGurk damn son

[@djkoch65]

There's a war out there, old friend. A world war. And it's not about who's got the most bullets. It's about who controls the information. What we see and hear, how we work, what we think... it's all about the information! - Cosmo (Sneakers movie)

[@BlueByrd69]

Douglas Koch Mass Media and Religion, the two oldest forms of deception.

[@Real_Question_Marked]

Douglas Koch I have a question. What if we lose our electrical grid? Then what? If we have something based solely and entirely around technology, there seems there is a lot that could go wrong there.

[@holleey]

@Nick this argument again... it's weirdly common. but do you not realize? if there actually would be a global outage, then people wouldn't have the slightest interest in little pieces of paper or metal either.

[@yuricastellobranco]

Commercial Critique se ill need other ways to energy

[@kathrynepaine2883]

Amen, Jacqueline Lungwinz!

[@juancarlosmartinez3621]

Good presentation. Particularly your thoughts on human nature and risk and how the chain block technology accommodates this.

[@arvidfotos]

@ted Please could you introduce your speakers in your in your description area. I can't find anything about Bettina Warburg.

[@vicheachim6708]

Already know im going to watch to the end the first second i saw the speaker lol

[@bigpiratelive]

I'd recommend watching at 1.5x speed. The speaker is slow for the sake of sounding like a good speaker

[@craigsilver8248]

I agree. I once went to a lecture on how to do public speaking well. The salient point was: We tend to think a lot faster than we can speak but we need to digest what we hear before we are ready for the next point. Therefore, to keep from losing your audience, speak quickly, yet clearly, and use little "natural" pauses. (The scare quotes mean it's more an art than a science.)

[@flavioe.2770]

I'm just curious about the subject, but I'd like to know how they're going to solve the following problem: Because the network is decentralized, many computers (video cards :/) keep processing the same information over and over again in search of validation . This is already generating an increase in electricity consumption (5 video cards = electric heater) and internet bandwidth. The computer equipment itself has already suffered a huge price increase. Ie how to solve the problem of processing work redundancy?

[@joshuawood8805]

Awesome review, real excited to see where Ternio leads crypto.

[@adityakishore4260]

I don't know why but when i come in the ted world, viewing videos and reading comments I feel like I'm on a totally different planet. Ted world is different from real world as i know. It's a healthy community. You guys pushes my ability of thinking to it's limits. Fascinating

[@rodrigosilva4927]

Very well presented, congrats Bettina!

[@YTantirungrotechai]

Interesting & well thought presentation. Thank you.

[@thienleduy5389]

A good project with the best team, hope it will have success. It seems to be doing well until now

[@iantodd6840]

From what I understand, blockchain itself is not decentralized it's just a ledger, the network that it runs on can be centralized or decentralized. This is just from what I understand, so I could be wrong!

[@shereeadams3176]

its only a ledger if the transaction involves money. that's my understanding from what i've been researching.

[@DubaiGuy08]

In concept I now understand blockchain, and I am intrigued by how it may indeed revolutionize our economic system - along with our social and political systems, basically anything that involves human interaction or transaction. But one major uncertainty that Bettina Warburg didn't sufficiently reduce, at least not for me, is security and privacy. For every exciting technological possibility lies the dark, ugly side of misuse and abuse. I'm sure Warburg could've spoken at greater length than the 15 minutes she was allotted for this Talk, but what about regulatory, legal and ethic organizations: How do they figure in the blockchain architecture and ecosystem? I seriously doubt that technology alone can revolutionize any of the above systems, despite her pointed claim that it can.

[@rajajessonsingh387]

Lady has amazing communication and presentation skills backed by strong intellect 👍🏼

[@wasismedia]

nice explaination. I am very inspirated with this channel. Thanks. I have subscribe and like..

[@Devlbaby]

"same efficiency as a monopoly"...spoken like a real Warburg. (architect of the U.S. Federal Reserve System)

[@adamlimle1146]

Same strategy too. Go for Government to perpetuate their self interest and bias. Politicians and Bureaucrats are purchased for trinkets. The cycle continues. Expect more oppression and rigging of the game.

[@shawnlazarus007]

Yes WARBURG'S are secret society members...

[@MePipe82]

True bro.😞 Majority of people dont even know the dark secret of the Warburg dynasty...☹️

[@AsIfInteractive]

I always hear blockchains being described in abstract terms. It would be great if someone would give us a lengthy narrative example complete with details: person A does this, the block chain does that, then person B does this, now the blockchain does this, then that, then person C, etc. Tell us a whole story so we can see exactly how it works, for finance, contracts, identity, etc.

[@jamesdigriz5449]

The internet is full of such detailed info. Don't be lazy to look for it.

[@AsIfInteractive]

True that. However, as I implied, this vagueness is a common problem among speakers on this topic.

[@jamesdigriz5449]

KZbin is full of detailed technical videos.

[@AsIfInteractive]

Toss me some links, brother. It's not technical data I'm looking for, but explanations of specific applications and how they'd actually accomplish the various things they're purported to.

[@wasismedia]

thank you Miss...you are beautiful and clearly explaining blockchain

[@nicolasaladesuyi29]

Love these guys really cool stuff

[@tusharmodi9883]

wow it's so nice to hear her. She sounds firm and knowledgeable, no doubt she is really beautiful.

[@JamesCFan]

She never said "uhm". Just goes to show how well she is educated and trained in selling her product (or others).

[@nickjackson912]

Or she’s a good public speaker lol they teach you this in junior high 😂

[@mdimascio]

@@nickjackson912 To never say "um" would mean she is a GREAT public speaker. Even world leaders cannot go that long without an "um".

[@ThaoTouYang]

She says “ummm” several times. 12:00

[@JohnWilliams-ey8mg]

@@ThaoTouYang Ok fine, I guess she said "umm" twice out of this entire 15 min TED talk. Still impressive, and almost flawless victory, lol. Easy on the eyes she is.

[@sheniaw]

This is the clearest, most beautiful explanation of the blockchain I have every heard. Wow!

[@Sciptopia]

She's beautiful 😊

[@rrestoring_faith]

Is it? I'm pretty familiar with the concept, but I don't recall her really explaining what blockchain is. Her definition was pretty much just about cryptocurrency. She seems to be very confused on the difference between decentralized trade, and a blockchain.

[@AlimtHompson]

Now dated but still one of the best explanations of the Blockchain for newbies.

[@kokoreborn6750]

😁I'M from England I usually work as a journalist until I was recommend to experts Mrs, Sophia Mrs Sophia is legit and her method works like magic I keep on earning every single week with her new strategy

[@kamiltermil7153]

Thanks for introducing me to Mrs Sophia

[@kamiltermil7153]

My first investment with Mrs Sophia she gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

[@jamesmichael4308]

Yes I'm also a living testimony of expert Mrs Sophia

[@jamesmichael4308]

Mrs Sophia has changed my financial status for the best.all thanks to my aunty who introduced her to me

[@willieroy5367]

Mrs Sophia is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days

[@janerobert2897]

The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally

[@evanzachary2748]

You're right ma, thanks for introducing me to expert Bambi Alex of financial education

[@oscarjohn716]

Most people don't invest due to ignorance

[@oscarjohn716]

People are scared of investing because of high rate of scam in the business

[@oscarjohn716]

There are scammers but real brokers are out there for investors

[@larryjay3677]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Bambi Alex

[@emreuludogann]

what if I pick the phone but dont send its value ? how will receiver trust me about that issue?

[@grahampalmer]

Understood some of this but certainly not all. I have this question for starters ... “who owns or controls the blockchain”? Anyone?

[@CulusMagnus]

Graham Palmer nobody. It just exists as a record downloaded by a lot of computers worldwide and you can submit a modification through the internet using encryption and then when everything (your codes in combination with the transaction) matches, all the databases worldwide are changed.

[@joedoakes]

Theoretically, the blockchain is controlled by the people who agree on using it. Being distributed, everybody can have a copy on his machine and change it by validating a transaction or by making a transaction. Practically, the response is a bit more complex.

[@RohanPaulisawesome]

Graham Palmer it's like bitcoin, no single nation or entity controls it, the one who use it create and reduce its demand and value. Similarly, this is a process controlled by the people using it, however the data storage for this needs to be decentralised without govt interference or private firm interest for it to be truly autonomous

[@grahampalmer]

Thanks guys. I now need to understand the user interface.

[@WayneJohnsonZastil]

blockchain.info get a wallet it's free feel free to send some bitcoins to 1FM6FdZKjXQZsBBJdU3nRgsgCBMNL3tzwb

[@lucianopdx9647]

So intelligent so informative , beauty is just a bonus 😍

[@TkGz]

and rich by now.

[@PCgonemad-ih9pr]

Yeah shes like a Arizona sunset!!🏜

[@vladislavpetrov628]

Great Job on this Project

[@wx2833]

Nice speech; and overview .. Foray, in support of your labs mission statement of government adoption; in an introdutive speech it would strengthen the posture to include; what problem does it resolve; and which needed gap of innovation will it satify: * counter party risk * trust

[@shuo4509]

STUNNING

[@myrazoe3918]

Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that

[@zoeyviktoria7914]

I agree on your opinion man generally I always look out for it to dump so I can purchase some more truly it has come to stay

[@michaelsdombrowski7044]

What's really the idea behind this bitcoin investment anyway, cause all I do is to buy when it falls and sell when it goes high

[@rexburg3890]

Bitcoin investment just like every other form of speculative investment where you trade commodities to determine which gain or losses against another in other to make profit just like in forex trading

[@oliveralexande6205]

Relating bitcoin investment to forex trading definitely means there are risk involved and just how do you appropriate risk measures

[@kanhasaatvik4851]

@@oliveralexande6205 :Offcourse, in bitcoin investment suitable risk management is aimed at reducing the loss rate thereby giving you the better chance to win your trade to ensure good ROI

[@goodteambadteam2535]

Great project I'm glad to join it and hope it will success

[@milanjohnson6226]

Well explained Bettina....Thanks

[@wellingtonjackson851]

Successful people don't become that way overnight.what most people see at a glance-wealth,a great career,purpose- is the result of hardwork and hustle over time.

[@greglampard1821]

You're right ma

[@greglampard1821]

Thanks for introducing me to expert mrs jane rucker rutledge of financial education

[@wellingtonchristopher9422]

Most people don't invest due to ignorance, people are scared of investing because of the high rate of scam in the business

[@wellingtonchristopher9422]

There are scammers but real brokers are out there for investors

[@josephiko478]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert mrs expert jane rucker rutledge

[@LuxiBelle]

Finally an improvement to poe.trade

[@fuzz203]

:D :D :D

[@GregMooney]

(͡° ͜ʖ ͡°)

[@user-gx6we4bo1n]

关于blockchain讲的很好

[@lawrencegonsalves4598]

This woman is truly an expert she has delivered the content superbly really great

[@hassanhussaini7114]

Bitcoin is bringing a different revolution in the world economy people so are optimistic investors and constantly, others will just sit and watch

[@kingsleyalphonsus5645]

Rather get an expert to trade with giving you the required mentorship for a successful profit outcome.....piss of advice

[@davidsmith8598]

But I learnt the hard way, blowing over $3,000 account side trading with no mentor or expert

[@garycock4224]

Bitcoin trading is the best when you are on a profitable based platform

[@olayinkakodri381]

I am new to trading and my presumptions is that I will be needing an expert as you would lose all your capital and you drop off the market

[@ikechukwuokorie9605]

It's crystal clear why most people lavish in poverty due to ignorance

[@pageanderson2771]

Investing in crypto now is really cool especially with the current rise in the market

[@donaldjackson9725]

But, don't know why people still remains poor out of ignorance

[@nicholascoyle6949]

Is not about ignorance but unprofessional broker in the market

[@williamsilberman8633]

You're right

[@williamsilberman8633]

I will introduce you to my broker Mr James Scott is from USA.

[@alexissamuel8976]

Wow I'm just shock someone mentioned and recommended expert Mr James Scott

[@user-vh3cc4gv1n]

tell me how much at the moment managed to raise funds for the project

[@alinab5822]

Great informative video!

[@chungfua9580]

What is the best way to make money from investing?

[@seanhannah3624]

Bitcoin is the future,investing in it will be the wisest thing to do especially with the current rise

[@justinpamela8947]

@@seanhannah3624 Yes, exactly crypto/forex trading is the word trending online investment

[@eltonjohn8998]

I made alot of money last year trading with expert Laura

[@chungfua9580]

@@eltonjohn8998 You've just made my day, I've lost so much trying to trade on my own

[@whitney5453]

@@eltonjohn8998 It's surprising you're familiar with her too. I made so much profit last month investing with Mrs Laura

[@vainamir2340]

If you want to be rich, have the mindset of the rich, spend less and invest more, cos 90% millionaires are investors and remember Rome wasn't built in a day..I pray we all achieve our dreams.

[@vainamir2340]

Assets that can make you rich👇

[@vainamir2340]

Bitcoin Stocks Real estate Crypto

[@tracyfisher7233]

You are right sir is obvious alot of people remain poor due to ignorance

[@tracyfisher7233]

It's better to take risk and make sacrifices than to remain poor

[@raymason1083]

@@vainamir2340 Same here I wish I knew about this Bitcoin trading earlier brace up and get yourself some Bitcoin before is too late

[@gat8979]

Very good explanation, thank you

[@Israamro]

Thank you for the great video. I still dont understand how can we know informations on the blockchain are to be trusted ? Who legitimates the data??

[@HerbertHomunculus]

math

[@SAL-fs1mr]

In bitcoin, you are doing full validation of the data when you run a network node on your own computer.

[@joelhowland4884]

I invested in Bitvest24 30 day investment plan. I must confess, I was jittery at first, doubts clouding my reality, even as I withdrew I never got calm until after the 30 days. And even more so, I jumped for jubilation of seeing my withdrawal. You should use them

[@roymaitland]

To shut down blockchain one would have to shut down internet, shutdown power for long period of time, and destroy every computer known to man.

[@JobelDRibas]

Tedtalk team, hello am new on crpto. I have just one question which is puzzling on this crypto. If i exchange my dollar to bitcoin then i owned the bitcoin, which means that i am rich when bitcoin appreciates. My question is, who owns the dollar that i exchanged with, what happens to the one whom i exchanged with? Some says the exchange earns commissions but i suppose will loose big money due to fluctuations from 8k to 20k. Given this exchange will go bankrupt. This is not like the currency exchange where there are actual buyers of both money like selling dollar, then another person is buying it with peso. For guidance pls.

[@coreyc47]

This cracks me up! I have watched 6 videos on Blockchain! I still don't know any more than u did before & I'm a tech guy! It's basically a computer system that will track our everything everywhere 24/7. Big Brother!

[@cyrusalverson6200]

I started investing on this Bitvest24 platform a month ago. The outstanding and easy explanation of, everything was perfect. The customers service is very good tool. They called me back immediately and they were gentle and helpful.

[@dannafleming6013]

With the recent downtrend in cryptocurrency, and with the irregular market movement currently, no one could be much happy to step into the market order than now. Many people are complaining that for almost two weeks bitcoin price has not being moving according to what they expected, not knowing that this time is the perfect time for them to actually make good profit from the market and not look at the market movement. Most will ask how is it a good time to make profit? Of course it is, that was why you will need a mentor to always guide you through on the right process and the best procedure to take. To find a good mentor is currently hard in this current market cycle because many sprung up during the last run that ended few weeks back but they are no where to be found now. I laugh when people jump from one mentor to another, rather than stick with the one recommended with good market view. I have always recommended Alice Kent to my friends, now I am recommending her to the whole of crypto society about how she helped me and my friends to make consistent profit despite the market up and downtrend. She understand the market, stop complaining about the market and contact her on Telegram [ alicekent ] on ͲҽӀҽցɾąʍ for Crypto related concern.

[@aspenandrade8900]

i made alot of loses during the the dump of bitcoin but Alice has helped me recovered all my loses and even gained more that 100% profits through her signals

[@kinsleyphelps704]

Wow! I am happy to see that I'm not the only one talking about how this dip is going to save us

[@guadalupemelendez3944]

Funny how people still believe the only benefit from crypto is hodling, trading is the real deal. I am happy I've started learning and earning from trading.

[@julietafranco1945]

Thanks for sharing this method mate. I would recommend this for anyone, especially a newbie who wants to get into the crypto market.

[@Srzl100]

I’ve got a questions, for the reneging on deals part of uncertainties: It would require the receiver of the good to verify that they have received the item but what if they “maliciously” lie and say they have not received it/its not in good condition. What then? I had this problem when I would anxiously wait during buying/selling cryptos to strangers, worrying they may just say that the money i sent was not enough or whatever. And since, there’s no third parties, essentially there’s no accountability, how do i solve disputes? I suppose blockchain is made on the premise that nobody makes mistakes?

[@SAL-fs1mr]

You can choose to involve third parties such as an escrow agent to ensure trades happen properly.

[@Srzl100]

SAL but isnt that a loop hole tho? Cus that essentially means to be sure, you need to have an escrow to make sure that when the receiver receives the crypto/cash he doesn’t deliberately claim that he didn’t receive it

[@SAL-fs1mr]

@@Srzl100 well, otherwise, you could do resort to legal action. And you would easily win since you will have proof of payment on the bitcoin blockchain.

[@Srzl100]

SAL right, that’s true, good point. Oh but, doesn’t cryptos like btc pride themselves on their anonymity? And also how would one actually track the blockchain? As in how to identify what transactions happened within the blockchain, isn’t it encypted

[@SAL-fs1mr]

@@Srzl100 While bitcoin doesn't have identity information on the Blockchain, transactions are trackable. The transactions are not encrypted. The bitcoin blockchain shows all transactions going from addresses to other addresses, with each address being a random string of numbers and letters. Anyone can use a pretty much any computer to run the software to be a node on the bitcoin network, which would entail downloading and verifying the entire bitcoin blockchain. There are also plenty of bitcoin blockchain explorer websites to track transactions.

[@kathrynj.hernandez8425]

Wow! Must say she nailed it. We are indeed early and I managed to jump in a year ago this week. But I live alone and don't "tinker." Just accumulate the top coins and HODL. Haven't lost a coin yet. What an education this has been. I wish to thank the Winklevoss twins of Gemini in New York for treating me like a rock star. I went all out and got Toshi, Abra, Ledger Nano S and Trezor wallets to store my keys offline safely through any SHTF scenarios. I am sharing this video to encourage others.

[@ancelottigabriel8889]

Recently I've been really interested in investing into cryptocurrency ,but It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path or at least tell me what I'm doing wrong?

[@violetculligan7923]

Cryptocurrency /forex trading is a big chance to make money nowadays, have been wondering how people are making money from it

[@timwestway9313]

In few months or no time people will definitely be kicking themselves in regret for missing the opportunity to buy or invest in cryptocurrency

[@ethandavis520]

For me the best I have succeeded in forex trading is by trading with a good account manager, I've been able to grow my account to $20000 within a month under the guidance of a good manager

[@ethandavis520]

Forex trading has left me no choice but to keep investing because it makes so much profit for me

[@harryrobot851]

Indeed investing with an experienced expert is the best way to get started in the forex market Learnt that the hard way.